____________________ Is a Broad Term That Refers to Parts That

question 19

Short Answer

____________________ is a broad term that refers to parts that are sold by the non-OE market.

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Definitions:

Medicare

A federal health insurance program in the United States primarily for people who are 65 or older, as well as for some younger people with disabilities.

Net Pay

The amount of money received by an employee after all deductions, such as taxes and retirement contributions, have been subtracted from their gross salary.

Social Security Tax

A mandatory tax levied on both employees and employers to fund the Social Security program, which provides retirement, disability, and survivorship benefits.

Federal Income Taxes

Taxes levied by the federal government on individuals' and organizations' annual earnings.